Obama Scapegoats Euro for Miserable US Economy

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Michael Hudson
June 11, 2012
06:23

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Obama Scapegoats Euro for Miserable US Economy
by grtv

Republicans have given President Obama a lot of heat for the gloomy US economy. The recent jobs numbers released by the US Bureau of Labor Statistics have fallen short of what was predicted and President Obama has resorted to blaming the European financial crisis.

So who or what is to blame for the dreary US economy?

Michael Hudson, economics professor for the University of Missouri, joins us with more.

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